Amwaj International Co (SAU:9537) Effective Interest Rate on Debt % : -3.08% (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Amwaj International Co Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Amwaj International Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was ﷼-5.4 Mil. Amwaj International Co's average total debt for the quarter that ended in Dec. 2023 was ﷼176.6 Mil. Therefore, Amwaj International Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was -3.08%.

Amwaj International Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Amwaj International Co's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Amwaj International Co Effective Interest Rate on Debt % Chart

Amwaj International Co Annual Data

Trend

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

3.69

0.16

Amwaj International Co Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial			-	2.64	-1.79	3.33	-3.08

Competitive Comparison of Amwaj International Co's Effective Interest Rate on Debt %

For the Furnishings, Fixtures & Appliances subindustry, Amwaj International Co's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Amwaj International Co's Effective Interest Rate on Debt % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Amwaj International Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Amwaj International Co's Effective Interest Rate on Debt % falls into.

Amwaj International Co Effective Interest Rate on Debt % Calculation

Amwaj International Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2022 )	+	Total Debt (A: Dec. 2023 ))	/ count )
=	-1 * -0.306	/	( (195.954	+	185.692)	/ 2 )
=	-1 * -0.306	/	190.823
=	0.16 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.319	+	192.635
=	195.954

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.74	+	184.952
=	185.692

Amwaj International Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * 5.434	/	( (167.427	+	185.692)	/ 2 )
=	-1 * 5.434	/	176.5595
=	-3.08 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.574	+	164.853
=	167.427

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.74	+	184.952
=	185.692

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is two times the semi-annual (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Amwaj International Co (SAU:9537) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.

Amwaj International Co Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Amwaj International Co's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Amwaj International Co (SAU:9537) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Amwaj International Co (SAU:9537) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Alorouba Street, Alolaya, Riyadh, SAU

Website

https://www.amwaj-trd.com

Amwaj International Co is engaged in the field of selling and distributing electronic and home appliances. Its products include air conditioning; televisions; washing machines; water coolers; heaters and other products.

Amwaj International Co (SAU:9537) Headlines

No Headlines